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Himachal Regulator Allows DISCOM to Procure 550 MW Solar Power from SECI

Agri-Solar Solutions Provider GK Energy Files Papers for ₹5.01 Billion IPO

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					</table>Chandigarh Renewable Energy and Science and Technology Promotion Society (<a href="https://solar.chd.gov.in/" target="_blank" rel="noopener">CREST</a>) has invited bids for the implementation of a 4 MW grid-connected canal top solar power project with power evacuation in Sarangpur, Chandigarh.
The scope of the work includes design, manufacture, supply, erection, testing, and commissioning, including warranty, operation, and maintenance for ten years.
The last date to submit the bid is March 6, 2023. Bids will open the next day.
The project&#8217;s estimated cost is ₹256 million (~$3 million).
Bidders must submit an earnest money deposit of ₹5.12 million (~$61,824).
The successful bidder must furnish 3% of the project capital cost as a performance bank guarantee.
The bidder will be required to sign the contract agreement within 30 days of receiving the work order, and the project should be completed within six months from the work order placement date.
The average financial turnover of the bidder or its affiliates should be at least ₹128 million (~$1.5 million) in the last three financial years.
Bidders should have completed three similar works, the cost of which should not be less than 40% of the project&#8217;s estimated cost during the last seven years.
In the case of two similar works, the cost should not have been less than 50% of the estimated cost. In the case of one similar work, the cost should not be less than 80% of the estimated project cost.
Similar work implies supply, installation, testing, and commissioning, or installation and commissioning of solar power projects of capacity greater than or equal to 2 MW in India.
Bidders must have supplied and installed a minimum of 1,000 kVA, 415V/11 kV or more, a 50 Hz step-up transformer, and all protections, switchgear, and vacuum circuit breakers.
The firm should have a service center in or around Chandigarh within a radius of 50km with qualified staff. If such a facility does not exist, the same must be opened within one month of the work order.
The solar modules used in the project should be &#8216;Made in India.’
If the bidder has executed the works as an independent power producer for any government agency/ state nodal agency/ any government public sector, the project cost would be considered as ₹40 million (~$483,154) per MW for financial work eligibility criteria.
In October 2022, CREST <a href="https://mercomindia.com/empanelment-tender-rooftop-solar-projects-chandigarh/" target="_blank" rel="noopener">invited</a> bids to empanel engineering, procurement, and construction companies, manufacturers, suppliers, and system integrators to develop grid-connected rooftop solar projects of capacities ranging from 1 kW to 500 kW in Chandigarh.
Earlier, CREST <a href="https://mercomindia.com/bids-invited-for-a-2-mw-floating-solar-project-in-chandigarh/" target="_blank" rel="noopener">issued</a> a tender for installing a 2 MW canal top solar project with high power evacuation in Chandigarh.

CREST Invites Bids for 4 MW Canal Top Solar Project in Chandigarh

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					</table><a href="https://mercomindia.com/shirdi-sai-electricals-pli-ii-manufacturing-10-gw/" target="_blank" rel="noopener">In an exclusive interview with Mercom India, Dr. Balachander Krishnan, Chief Operating Officer, Indosol Solar, special purpose vehicle (SPV) of Shirdi Sai Electricals, talks about the company’s progress after</a> its successful PLI bid. In November 2021, Shirdi Sai Electricals, through its SPV – Indosol Solar, was awarded a PLI of ₹18.75 billion (~$229.03 million) for a capacity of 4 GW. The company is in the process of constructing an integrated photovoltaic manufacturing plant from polysilicon-to-module near Nellore, Andhra Pradesh.
<a href="https://mercomindia.com/bids-1-kw-rooftop-solar-system-cost-%e2%82%b960000-jharkhand/" target="_blank" rel="noopener">Jharkhand Renewable Energy Development Agency has announced the lowest (L1) bids to install and commission 3 MW of grid-connected rooftop solar systems of various capacities with and without battery packs on government buildings</a>. For rooftop solar systems without battery, under Group A (1 kW to 10 kW), the L1 tariff discovered was ₹60,000 (~$726)/kW; for Part B (11 kW to 50 kW), the L1 price was ₹62,810 (~$760)/kW and for Part C (51 kW to 100 kW), the L1 bid quoted was ₹63,000 (~$762)/kW. For rooftop solar systems with battery, under Group A-1 (1 kW to 10 kW), the L1 bid quoted was ₹119,000 (~$1,439)/kW; for Group B-1 (11 kW to 50 kW), the L1 bid quoted was ₹126,000 (~$1,524)/kW, and for Group C-1 (51 kW to 100 kW), the L1 bid quoted was ₹126,000 (~$1,524)/kW.
<a href="https://mercomindia.com/naviya-technologies-epc-2-mw-canal-top-solar/" target="_blank" rel="noopener">Naviya Technologies Renewables, a Mumbai-based solar developer, won the Jharkhand Renewable Energy Development Agency’s auction for the engineering, procurement, and construction</a> (EPC) of a 2 MW grid-connected canal-top solar project at Sikidiri Canal in Ranchi. The company quoted a total cost of ₹153.27 million (~$1.85 million) for EPC works, a total of ₹17.53 million (~$211,956) for the operation and maintenance contract, and ₹27.12 million (~$327,892) for the net electrical energy generation guarantee for ten years. The amounts are exclusive of GST.
<a href="https://mercomindia.com/gridco-procure-400-mw-wind-seci/" target="_blank" rel="noopener">The Solar Corporation of India (SECI) has signed a power sale agreement (PSA) with Grid Corporation of Odisha (GRIDCO), a public sector undertaking of the government of Odisha, for 400 MW of wind power</a> from projects connected to the inter-state transmission system (ISTS) in Karnataka and Gujarat. The 400 MW comprises 390 MW of wind power under the ISTS Tranche XII program and 10 MW of wind power from ISTS Tranche XI. GRIDCO will purchase the power at a tariff ranging from ₹2.96 (~$0.0357)/kWh to ₹3.01 (~$0.0363)/kWh.
<a href="https://mercomindia.com/maharashtra-invites-bids-1-mw-solar-project/" target="_blank" rel="noopener">Maharashtra’s Public Works Department of the Yavatmal Division has invited bids for installing and commissioning a 1 MW grid-connected solar project at Giroli in the Washim district of the state.</a> The last date to submit the bids is March 2, 2023. Bids will be opened on March 6. The estimated project cost is ₹54.27 million (~$656,558). The project must be completed within 300 days from the date of the written order to start the work.
<a href="https://mercomindia.com/us-act-creates-over-100000-green-jobs-six-months/" target="_blank" rel="noopener">Six months after the U.S. passed the Inflation Reduction Act in August 2022, clean energy companies have announced more than 101,036  new green jobs in 31 states between August 16</a>, 2022 – January 31, 2023, a report by independent strategic communication firm Climate Power said. The report analyzed public announcements from the private sector since the passing of the Act. It said this national plan has been a driving force in the “Made in America” clean energy boom and will reshape the country’s economy for many decades to come.
<a href="https://mercomindia.com/tata-powers-rooftop-solar-revenue-grows-41-q3/" target="_blank" rel="noopener">Tata Power reported a 91% year-over-year (YoY) jump in net profit to ₹10.52 billion (~$127.6 million) for the third quarter (Q3) of the financial year (FY) 2022-2023, primarily due to higher availability</a> at its thermal power station at Mundra, higher sales across distribution companies and increased renewables capacity addition. The company’s consolidated revenue was up 30% YoY to ₹143.39 billion ($1.7 billion) in Q3 from ₹110.15 billion ($1.3 billion). The diversified power company said that its revenue from rooftop solar installations rose by about 41% YoY to ₹5.35 billion (~$64.8 million) in Q3.
<a href="https://mercomindia.com/scatec-42-million-loss-in-q4-as-laos-underperform/" target="_blank" rel="noopener">Norwegian independent power producer Scatec swung into a net loss of NOK 433 million (~$42 million) in the fourth quarter (Q4) of 2022, compared with a profit of NOK 136 million (~$13.14)</a> year-over-year (YoY). The company said its consolidated quarterly losses were due to reduced income from joint ventures (JVs) impacted by lower power generation from hydropower projects in Laos, Asia. For the October-December quarter, the company posted revenue of NOK 993 million (~$96.2 million), a decrease of 4.5% YoY basis.

Daily News Wrap-Up: Exclusive Interview with Shirdi Sai Electricals COO

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					</table><a href="http://www.naviyatech.com/" target="_blank" rel="noopener">Naviya Technologies Renewables</a>, a Mumbai-based solar developer, won the Jharkhand Renewable Energy Development Agency’s (<a href="https://www.jreda.com/" target="_blank" rel="noopener">JREDA</a>) auction for the engineering, procurement, and construction (EPC) of a 2 MW grid-connected canal-top solar project at Sikidiri Canal in Ranchi.
The company quoted a total cost of ₹153.27 million (~$1.85 million) for EPC works, a total of ₹17.53 million (~$211,956) for the operation and maintenance contract, and ₹27.12 million (~$327,892) for the net electrical energy generation guarantee (NEEGG) for ten years. The amounts are exclusive of GST.
The breakdown of the EPC costs based on the scope of work is given below:
<img loading="lazy" decoding="async" class="aligncenter size-full wp-image-49013" src="https://mercomindia.com/wp-content/uploads/2023/02/JREDA-Canal-Top-2-MW-Solar-Project-EPC-Costs.png" alt="JREDA Canal Top 2 MW Solar Project EPC Costs" width="518" height="310" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/02/JREDA-Canal-Top-2-MW-Solar-Project-EPC-Costs.png 518w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2023/02/JREDA-Canal-Top-2-MW-Solar-Project-EPC-Costs-300x180.png 300w" sizes="(max-width: 518px) 100vw, 518px" />
The tender was first <a href="https://mercomindia.com/jharkhand-epc-tender-2-mw-canal-top-solar/" target="_blank" rel="noopener">issued</a> in 2019 and has been reissued multiple times thereafter due to the underwhelming response.
The scope of work for Naviya Technologies includes the design, engineering, procurement, supply, and construction of the grid-connected canal-top solar project, along with the testing, commissioning, and evacuation of a 33 kV solar power substation.
The company will also be responsible for the operation and maintenance of the project for ten years.
The transmission line from the canal-top solar project switchyard to the pooling station will be developed by Jharkhand Bijli Vitran Nigam Limited (JBVNL).
JREDA will enter into an agreement with Naviya Technologies within 15 days of issuing the work order.
The company must complete the project within 210 days of receiving the work order.
Naviya Technologies must submit a security deposit of 10% of the EPC contract price within 15 days of receiving the work order and 10% of the EPC contract price as the O&amp;M Bank Guarantee within 30 days from the start of the O&amp;M period. They must also submit a bank guarantee of ₹1 million (~$12,088)/MW against the photovoltaic module warranty.
The canal bank and canal top solar project programs were launched in the financial year 2014-15. Under this program, solar projects have been commissioned in different states, including Gujarat, Karnataka, Kerala, Andhra Pradesh, Punjab, Uttarakhand, Uttar Pradesh, and West Bengal.
In July last year, Jharkhand <a href="https://mercomindia.com/jharkhand-issues-new-solar-policy/" target="_blank" rel="noopener">announced</a> the new ‘Jharkhand Solar Policy 2022’, aiming to deploy a cumulative capacity of 4 GW in the state by 2026. The government intends to install 900 MW of floating solar projects and 400 MW of canal-top solar projects under the policy.
Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of tender and auction activity in real-time.

Naviya Technologies Wins EPC Contract for 2 MW Canal-Top Solar Project

The New Town Kolkata Development Authority (<a href="https://www.nkdamar.org/Pages/index.aspx" target="_blank" rel="noopener noreferrer">NKDA</a>) has floated a tender for the installation of a 1 MW (2X500 kW) canal top solar project at Bagjola Canal located in New Town.
The contract will also include comprehensive operation and maintenance (O&amp;M) for five years. The last date for the submission of online bids is June 08, 2020, and the pre-bid meeting will take place on May 20, 2020.
Interested bidders will have to pay an amount of ₹18,00,000 (~$23,903) as the bid security amount and the time for the completion of the work has been set as 12 months.
Interested bidders should either be a manufacturer of solar PV modules or solar inverters, or power conditioning unit equipment. The bidders should have experience in design, supply, installation, and commissioning of at least one roof or ground-mounted grid-connected solar power project of a total array capacity of at least 500 kW, including five years of maintenance on a turnkey basis.
Interested bidders should produce credentials of at least one work in the last five years for a minimum value of 40% of the quoted amount, or two similar works in the last five years of at least 30% of the quoted amount. Similarly, interested bidders should produce credentials of one such running work, which is nearly 80% complete or more.
Regarding the financial criteria, the minimum annual turnover of the bidder for the last three years should be at least ₹300 million (~$3.98 million) and the net worth of the last financial year should be positive. Their financial solvency should be at least ₹200 million (~$2.66 million).
Recently, the West Bengal Power Development Corporation Limited (<a href="https://www.wbpdcl.co.in/irj/go/km/docs/documents/PDCL/FINAL/Pages/Home.html" target="_blank" rel="noopener noreferrer">WBPDCL</a>) <a href="https://mercomindia.com/west-bengal-develop-10-mw-floating-solar-project-sagardighi/" target="_blank" rel="noopener noreferrer">issued</a> a tender for 10 MW of grid-connected floating solar project at the Sagardighi Thermal Power Project in Murshidabad.
Earlier, the West Bengal Pollution Control Board (<a href="http://www.wbpcb.gov.in/" target="_blank" rel="noopener noreferrer">WBPCB</a>) had floated a tender for setting up 50 rooftop solar PV power projects, each with an array capacity of 10 kW.
Last year, the Jharkhand Renewable Energy Development Agency (JREDA) <a href="https://mercomindia.com/jharkhand-tender-solar-canal-top-2mw/" target="_blank" rel="noopener noreferrer">reissued</a> its tender for 2 MW of grid-connected canal-top solar power projects at Sikidiri Canal in Ranchi. Karnataka’s Shivamogga Smart City Limited <a href="https://mercomindia.com/shivamogga-smart-city-tender-solar-tunga-canal/" target="_blank" rel="noopener noreferrer">issued</a> a Request for Proposal for the construction of 25 MW of solar power generation projects. The Haryana Power Generation Corporation Limited <a href="https://mercomindia.com/haryana-developers-16-mw-canal-top-solar/" target="_blank" rel="noopener noreferrer">invited</a> an expression of interest to set up 16 MW of canal top solar photovoltaic projects at WYC Hydel Power Station at Bhudkalan in Yamuna Nagar.
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Image credit: SolarWriter / CC BY-<a href="https://creativecommons.org/licenses/by-sa/3.0" target="_blank" rel="noopener noreferrer">SA</a>

Tender Floated for a 1 MW Canal Top Solar Project in Kolkata

The <a href="http://jreda.com/" target="_blank" rel="noopener noreferrer">Jharkhand Renewable Energy Development Agency</a> (JREDA) has reissued its tender for 2 MW of grid-connected canal-top solar power projects at Sikidiri Canal in Ranchi.
The last date for the submission of bids is September 11, 2019. Earlier, the bid-submission deadline was <a href="https://mercomindia.com/jharkhand-epc-tender-2-mw-canal-top-solar/" target="_blank" rel="noopener noreferrer">February 11, 2019</a>.
“The tender received a very low response due to which it has been reissued,” said an official from JREDA.
The general scope of work for the 2 MW canal-top solar PV power project involves the design, engineering, procurement, supply, and construction (EPC) of the grid-connected canal-top solar project, along with the testing, commissioning, and evacuation of a 33 kV solar power substation.  The bidder should be aware that the capacity utilization factor (CUF) should be considered with an AC capacity of 2 MW, and the power should be evacuated at 33 kV voltage level. A metering point should also be included at the solar power substation.
The work also involves the development of a 33 kV switchyard capacity for a minimum of 2 MW of solar evacuation at the generation substation. However, the transmission line from solar project switchyard to the pooling substation will be developed by the <a href="https://www.jbvnl.co.in/" target="_blank" rel="noopener noreferrer">Jharkhand Bijli Vitran Nigam Limited</a> (JBVNL).
The successful bidder will also be responsible for the operation and maintenance of the project for ten years.
The estimated cost of the project is ₹150.7 million (~$2.1 million), and the work needs to be completed within six months. The date for the technical bid is scheduled for September 13, 2019.
Interested bidders need to pay a sum of ₹3.14 million (~$42,126) as the earnest money deposit (EMD).
Interested bidders should have prior experience in the design, supply, installation, and commissioning of solar photovoltaic-based grid-connected power projects of a cumulative installed capacity of 10 MW or above in or outside India.
The bidders should be able to submit the list of projects commissioned along with their work order, the commissioning certificates, and the certificate stating the project’s operation timeline.
According to the JREDA, the financial criteria for the bidders state that their average annual turnover for the last three financial years should be at least ₹50 million (~$698,839).
The canal bank and canal top solar project programs were launched in the financial year 2014-15. Under this program, solar projects have been commissioned in different states including Gujarat, Karnataka, Kerala, Andhra Pradesh, Punjab, Uttarakhand, Uttar Pradesh, and West Bengal.
In a bid to promote these installations, the Ministry of New and Renewable Energy (<a href="http://mnre.gov.in/" target="_blank" rel="noopener noreferrer">MNRE</a>) is also providing a subsidy of ₹30 million (~$0.45 million)/MW of installed capacity for canal bank projects and a subsidy of ₹1.5 million (~$0.22 million)/MW of installed capacity for canal top projects.
In July, <a href="https://mercomindia.com/shivamogga-smart-city-tender-solar-tunga-canal/" target="_blank" rel="noopener noreferrer">Mercom</a> reported that Shivamogga Smart City Limited in Karnataka also issued a Request for Proposal for the construction of 25 MW of solar power projects. The SSCL will develop the solar power project on top of the Tunga canal that passes through Shivamogga city.
<a href="https://mercomindia.com/haryana-developers-16-mw-canal-top-solar/" target="_blank" rel="noopener noreferrer">Earlier this year</a>, Haryana Power Generation Corporation had invited an expression of interest to set up 16 MW of canal top solar projects at WYC Hydel Power Station at Bhudkalan, in Yamuna Nagar.
Image credit: Sardarsarovardam

Jharkhand Reissues 2 MW Solar Canal-Top Tender Amid Lukewarm Response

The Jharkhand Renewable Energy Development Agency (<a href="http://www.jreda.com/" target="_blank" rel="noopener">JREDA</a>) is looking for an engineering procurement construction (EPC) firm to set up a canal top solar project in Ranchi. The state agency has issued a tender to set up 2 MW of grid-connected canal top solar project at Sikidiri Canal in Sikidiri village of the state.
The bid-submission deadline is February 11, 2019, and the estimated project cost is ₹164.4 million (~$2.3 million). The successful EPC contractor will have six months from the award of contract to commission the 2 MW grid-connected solar PV canal top project.
The scope of work includes the design and EPC of the grid-connected canal-top solar PV project. The successful EPC contractor will also be responsible for providing operation and maintenance services for 10 years for the grid-connected solar PV canal top project.
Implementing agencies are catching up on canal top solar installations. <a href="https://mercomindia.com/haryana-developers-16-mw-canal-top-solar/" target="_blank" rel="noopener">Recently</a>, the Haryana Power Generation Corporation Limited invited an expression of interest to set up 16 MW of canal top solar PV projects at WYC Hydel Power Station at Bhudkalan in Yamuna Nagar.
<a href="https://mercomindia.com/uttar-pradesh-tender-100mw-canal-top-solar-projects/" target="_blank" rel="noopener">Last year</a>, the Irrigation and Water Resource Department in the state of Uttar Pradesh issued a tender to develop 100 MW of grid-connected canal top solar PV projects under public private partnership model.
The canal bank and canal top solar project program was launched in the financial year 2014-15. Under this program, solar projects have been commissioned in eight different states (50 MW of canal banks and 50 MW of canal tops), including Gujarat, Karnataka, Kerala, Andhra Pradesh, Punjab, Uttarakhand, Uttar Pradesh, and West Bengal. Project capacities range from a minimum of 1 MW to a maximum of 10 MW.
In a bid to promote these installations, the Ministry of New and Renewable Energy (<a href="http://mnre.gov.in/" target="_blank" rel="noopener">MNRE</a>) is also providing a subsidy of ₹30 million (~$0.45 million)/MW of installed capacity for canal bank projects and a subsidy of ₹1.5 million (~$0.22 million)/MW of installed capacity for canal top projects.
Image credit: sardarsarovardam.com

Jharkhand Announces EPC Tender for a 2 MW Canal Top Solar Project

The Haryana Power Generation Corporation Limited (HPGCL) has invited an expression of interest (EoI) to set up 16 MW of canal top solar photovoltaic (PV) projects at WYC Hydel Power Station at Bhudkalan, in Yamuna Nagar. The bid-submission deadline is February 12, 2019.
A single bidder must bid for the entire capacity. According to the HPGCL, the capacity will be spread over four locations. A 4.5 MW canal top solar project will be developed between Power House D and A, a 5.5 MW project will be developed between Power House A B, 4 MW will be set up between Power House B and C, and a 2 MW canal top solar PV project will be set up at old slit ejection channels.
The proposed sites are located approximately at a distance of 42 km from Yamuna Nagar and approximately 110 km from Chandigarh.
The scope of work includes the installation, commissioning, grid synchronization, operation, of the canal top solar PV projects. The project developer will get the area free of cost for the project development. The HPGCL will enter 25-year power purchase agreement with the project developer. After 25 years, the entire project will become the property of the HPGCL.
Implementing agencies are catching up on canal top solar installations. <a href="https://mercomindia.com/uttar-pradesh-tender-100mw-canal-top-solar-projects/" target="_blank" rel="noopener">Last year</a>, the Irrigation and Water Resource Department (IWRD) in the state of Uttar Pradesh issued a tender to develop 100 MW of grid-connected canal top solar PV projects under public private partnership (PPP) model.
The canal bank and canal top solar project program was launched in financial year 2014-15. Under this program, solar projects have been commissioned in eight different states (50 MW – canal banks and 50 MW – canal tops), including Gujarat, Karnataka, Kerala, Andhra Pradesh, Punjab, Uttarakhand, Uttar Pradesh, and West Bengal. Project capacities range from a minimum of 1 MW to a maximum of 10 MW.
In a bid to promote these installations, the Ministry of New and Renewable Energy (<a href="http://mnre.gov.in/" target="_blank" rel="noopener">MNRE</a>) is also providing a subsidy of ₹30 million (~$0.45 million)/MW of installed capacity for canal bank projects and a subsidy of ₹1.5 million (~$0.22 million)/MW of installed capacity for canal top projects.
Image credit: Sardarsarovardam.org

Haryana Calls Developers to Set Up 16 MW of Canal Top Solar Projects

So far, solar canal bank and canal top projects aggregating 24 MW have been commissioned in India. These projects are part of the Ministry of New and Renewable Energy&#8217;s (MNRE’s) program to develop 100 MW of grid-connected solar PV power projects on canal banks and canal tops throughout the country. Under the program, projects aggregating another 50 MW are expected to be commissioned by April 2017.
<a href="https://mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Top_Programa.png"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-5071" src="https://mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Top_Programa.png" alt="" width="462" height="251" srcset="https://cms.mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Top_Programa.png 462w, https://cms.mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Top_Programa-300x163.png 300w" sizes="(max-width: 462px) 100vw, 462px" /></a>
The canal bank and canal top solar project program was launched in financial year 2014-15. Under this program, solar projects are under development in eight different states (50 MW – Canal Banks and 50 MW – Canal Tops), including Gujarat, Karnataka, Kerala, Andhra Pradesh, Punjab, Uttarakhand, Uttar Pradesh, and West Bengal. Project capacities range from a minimum of 1 MW to a maximum of 10 MW.
The MNRE is providing a subsidy of Rs.30 million (~$0.45 million)/MW of installed capacity for canal bank projects and a subsidy of Rs.1.5 million (~$0.22 million)/MW of installed capacity for canal top projects.
<a href="https://mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Bank_Programb.png"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-5072" src="https://mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Bank_Programb.png" alt="" width="401" height="195" srcset="https://cms.mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Bank_Programb.png 401w, https://cms.mercomindia.com/wp-content/uploads/2017/07/50_MW_Solar_Projects_Under_Canal_Bank_Programb-300x146.png 300w" sizes="(max-width: 401px) 100vw, 401px" /></a>
The second phase of the canal bank and canal top solar project programs will be launched in 2018, stated a Solar Energy Corporation of India (SECI) official. Certain issues need to be resolved in Karnataka, where a 10 MW canal top project is to be constructed, added the SECI official.
The SECI official also said, “In Punjab there were technical issues, but the state is on track to commission the remaining 15 MW.”
To date, central financial assistance of Rs.304.164 million (~$4.55 million) has been released by SECI under this program. The MNRE had allocated Rs.690 million (~$10.33 million) as central finance assistance to be provided under the canal bank and canal top solar project program.
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24 MW of Solar Installed Under the Canal Bank and Canal Top Program

Solar continues to grow at a fast pace in India with a total of 1,050 MW of solar PV auctioned and another 415 MW tendered in the month of September through programs like the Canal Top, State Specific Bundling, Viability Gap Funding (VGF) and Rooftop Solar under the National Solar Mission.
<a href="https://mercomindia.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1.png"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-4589" src="https://mercomindia.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1.png" alt="" width="945" height="225" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1.png 945w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1-300x71.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1-768x183.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1-650x155.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1-624x149.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberTendersAndAuctions-1-600x143.png 600w" sizes="(max-width: 945px) 100vw, 945px" /></a>Under the Canal Top program, Punjab Energy Development Agency (PEDA) invited bids to install 15 MW of solar on canal tops. National Thermal Power Corporation (NTPC) under its State Specific Bundling program <a href="https://mercomindia.com/ntpc-auctions-100-mw-dcr-category-solar-projects/" target="_blank" rel="noopener noreferrer">auctioned 100 MW</a> under the DCR category to be installed at the Pavagada solar park in Karnataka and <a href="https://mercomindia.com/ntpc-invites-bids-250-mw-dcr-solar-projects-pavagada-solar-park/" target="_blank" rel="noopener noreferrer">invited bids</a> for another 250 MW of DCR capacity at the same location. The major portion of the auctions in September was carried out by the Solar Energy Corporation of India (SECI). The nodal agency <a href="https://mercomindia.com/seci-auctions-450-mw-of-solar-capacity-in-maharashtra-average-vgf-bids-fall-by-62/" target="_blank" rel="noopener noreferrer">auctioned 450 MW</a> under VGF category in Maharashtra and <a href="https://mercomindia.com/solar-bids-hit-low-rs-3kwh-seci-500-mw-rooftop-auction/" target="_blank" rel="noopener noreferrer">500 MW</a> of rooftop solar (tentative) to be distributed throughout the country. The SECI also invited bids to develop 150 MW of solar at the Charanka solar park in Gujarat.
Tata Power’s winning bid to set up a 50 MW solar project under the DCR category at Pavagada solar park resulted in a <a href="https://mercomindia.com/solar-bids-hit-low-rs-3kwh-seci-500-mw-rooftop-auction/" target="_blank" rel="noopener noreferrer">record low DCR tariff</a> rate of Rs.4.84 (~$0.0725)/kWh. In the Open category, Vijay Printing Press quoted a tariff of Rs.4.42 (~$0.0663)/kWh without viability gap funding (VGF). In the Rooftop auction, the sector witnessed lowest ever quoted tariff of Rs.3 (~$0.0645)/kWh.
Several auctions have been delayed and bid-sub mission dates extended.
<a href="https://mercomindia.com/wp-content/uploads/2017/06/SeptemberActionsTendes-BidExtensionTable-3.png"><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-4587" src="https://mercomindia.com/wp-content/uploads/2017/06/SeptemberActionsTendes-BidExtensionTable-3.png" alt="" width="518" height="260" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberActionsTendes-BidExtensionTable-3.png 518w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2017/06/SeptemberActionsTendes-BidExtensionTable-3-300x151.png 300w" sizes="(max-width: 518px) 100vw, 518px" /></a>
Image Credit: Elecssol

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